Question: 3. Consider a simple OLS regression Y 2 g + lX + 6. Compare and contrast the standard error of [31 and its condence interval.

3. Consider a simple OLS regression Y 2 g + lX + 6. Compare and contrast the standard error of [31 and its condence interval. In what ways are these terms related and how are they different? Discuss how they are used jointly to assess the null hypothesis, 61 = 0

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